Cost of Living in Rapid Valley, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.5
100 = national avg
+24.5 vs national average
Living Wage (1 Adult)
$54,801
per year
Living Wage (Family of 4)
$129,530
per year
Cost Index by Category
Housing129.9
Food115.1
Transportation130.3
Healthcare112.1
Utilities115.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,018
per month
2 Bedroom
$1,336
per month
The overall cost of living index in Rapid Valley is 124.5, which is 24.5% above the national average. Housing costs are above the national average at an index of 129.9. A single adult needs to earn approximately $54,801 per year to cover basic expenses.